Public sector contractor cutbacks hurt Accordant, Being loses the AI, takeovers aplenty, and more

Results and takeovers have been coming thick and fast. This week, recruiter Accordant counts the cost of public sector cutbacks. (Image: Jacques Steenkamp / NZME)

Rebecca Stevenson

Fri, 06 Jun 2025

Pattrick Smellie

Fri, 06 Jun 2025

Stay ahead with BusinessDesk's regular Small Cap Wrap – all the latest small cap opportunities, market trends and more.Recruitment company Accordant is still feeling the pain from reduced Government hiring. The firm, which operates five companies including executive search firm Hobson Leavy, JacksonStone & Partners, Madison Recruitment, AWF and Absolute IT, said its group revenue fell 22% to $165 million for the year to March 31. In March, Accordant warned job advertisements were down 17% despite record unemployment.&nbs...

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